ProFrac Holding Corp (NASDAQ: ACDC) on Tuesday, soared 5.34% from the previous trading day, before settling in for the closing price of $7.30. Within the past 52 weeks, ACDC’s price has moved between $5.16 and $9.75.
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A company in the Energy sector has jumped its sales by 76.46% annually for the last half of the decade. The company achieved an average annual earnings per share of -69.16%. With a float of $13.05 million, this company’s outstanding shares have now reached $160.20 million.
In an organization with 2949 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 13.85%, operating margin of 3.05%, and the pretax margin is -10.6%.
ProFrac Holding Corp (ACDC) Insider Updates
Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of ProFrac Holding Corp is 91.85%, while institutional ownership is 7.91%. The most recent insider transaction that took place on Sep 12 ’24, was worth 2,181,928. In this transaction 10% Owner of this company bought 353,635 shares at a rate of $6.17, taking the stock ownership to the 79,197,549 shares. Before that another transaction happened on Sep 10 ’24, when Company’s 10% Owner bought 262,853 for $6.44, making the entire transaction worth $1,692,773. This insider now owns 78,843,915 shares in total.
ProFrac Holding Corp (ACDC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -69.16% per share during the next fiscal year.
ProFrac Holding Corp (NASDAQ: ACDC) Trading Performance Indicators
ProFrac Holding Corp (ACDC) is currently performing well based on its current performance indicators. A quick ratio of 0.62 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.55. Likewise, its price to free cash flow for the trailing twelve months is 11.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.33, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach -0.60 in one year’s time.
Technical Analysis of ProFrac Holding Corp (ACDC)
Let’s dig in a bit further. During the last 5-days, its volume was 0.52 million. That was better than the volume of 0.45 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 18.65%. Additionally, its Average True Range was 0.51.
During the past 100 days, ProFrac Holding Corp’s (ACDC) raw stochastic average was set at 58.84%, which indicates a significant increase from 28.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.11% in the past 14 days, which was lower than the 69.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.95, while its 200-day Moving Average is $7.49. However, in the short run, ProFrac Holding Corp’s stock first resistance to watch stands at $8.04. Second resistance stands at $8.39. The third major resistance level sits at $8.81. If the price goes on to break the first support level at $7.27, it is likely to go to the next support level at $6.85. Assuming the price breaks the second support level, the third support level stands at $6.50.
ProFrac Holding Corp (NASDAQ: ACDC) Key Stats
Market capitalization of the company is 1.23 billion based on 160,147K outstanding shares. Right now, sales total 2,630 M and income totals -97,700 K. The company made 575,300 K in profit during its latest quarter, and -45,200 K in sales during its previous quarter.
